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20 July, 15:42

Asher's gross annual income is $43,908. He is paid monthly and has 6% deducted from his paychecks for his 401 (k). His employer matches his deduction, up to 4%.

How much is deposited into Asher's 401 (k) each payday?

Question 4 options:

$182.95

$292.72

$365.90

$439.08

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Answers (1)
  1. 20 July, 18:15
    0
    43908 : 12 = 3659 salary per month

    3659 * 0.06 = 219.54 - What Asher contributes

    3659 * 0.04 = 146.36 - Employer contribution

    Add together for total deposited = 365.90 or C
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